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Home >> Gov't Regulation
  China will extend tax rebate to spur EV sales
Bloomberg | 2017/12/5

China plans to extend a tax rebate on the purchase of electric vehicles, according to people with direct knowledge of the matter.  China¡¯s government will continue to exempt the 10 percent purchase tax on EVs at least through 2020, the sources said. The current tax rebate policy is due to expire at the end of this year. 
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  China may issue more EV permits to expand output
Bloomberg | 2017/11/17

China¡¯s government is considering a resumption of new permits to companies that want to produce electric vehicles as early as the first half of 2018, sources said.  The move would clear the way for Ford Motor Co., Tesla Inc. and some local Chinese manufacturers to start production.
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  China eases consumer loan rules for EV purchases
Reuters | 2017/11/10

China's central bank on Wednesday eased limits on consumer loans for buyers of electric vehicles, allowing consumers to finance up to 85 percent of the purchase cost.  By contrast, consumers who buy conventional fossil-fuel vehicles can obtain loans to cover up to 80 percent of the vehicle¡¯s price.
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  Tesla moves closer to deal to build factory in Shanghai
Reuters | 2017/10/24

Tesla Inc. reaffirmed it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by year end. However, the automaker declined to comment on a report that a deal has been reached. The Wall Street Journal on Sunday reported that the U.S. electric vehicle maker and the Shanghai government have already reached a deal for a plant in the city's free trade zone.
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  Changan to stop selling vehicles powered by fossil fuels in 2025
Reuters | 2017/10/20

BEIJING -- Chongqing Changan Automobile plans to stop developing and selling light vehicles powered by fossil fuels, starting in 2025, and invest more than 100 billion yuan ($15.10 billion) by that time to advance its "new energy strategy." Chongqing Changan is one of the first Chinese companies to commit to a total phase-out of gasoline-engine vehicles in favor of EVs.
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  Germany's Hubject raises funds to advance e-mobility in China, U.S.
Reuters | 2017/10/16

Germany's Hubject, which is developing a standard method to pay at EV charging stations, secured fresh funds from shareholders to expand into China and the United States. The company said it is looking for a partner in China to help build, improve and access infrastructure for electric vehicles.
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  Natural gas trucks boom as Beijing curbs diesel
Reuters | 2017/10/10

Sales of large, natural gas-powered trucks are expected to hit record levels in China this year as the government steps up an anti-pollution campaign that includes curbs on heavy-duty diesel vehicles.
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  China delays electric-car quotas until 2019
Reuters | 2017/10/3

China has set a deadline of 2019 to impose tough new sales targets for electric vehicles and plug-in hybrids, slightly relaxing an earlier plan to introduce the quotas next year.  Automakers will need to amass credits for selling these vehicles equivalent to 10 percent of annual sales by 2019, China¡¯s industry ministry said in a statement. That level would rise to 12 percent for 2020.
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  Factories scramble to move goods as China limits diesel trucks
Reuters | 2017/9/26

Thousands of small factories in China, making everything from steel to chemicals, are scrambling for access to the country¡¯s clogged railroads as Beijing curbs the use of diesel trucks.  The Ministry of Environmental Protection last month gave tens of thousands of companies in 28 cities until Nov. 1 to halve their use of diesel trucks over the winter months, when air pollution is worst.
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  China may drop joint venture rule for foreign EV makers
Bloomberg | 2017/9/22

China is discussing a plan to allow foreign carmakers to set up wholly owned electric-vehicle businesses in its free trade zones, according to company officials briefed on the matter.  The plan could be enacted as early as next year, the sources said.  
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Thriving Baojun bodes well for GM's future in China

BMW poised to become China's No. 1 luxury brand

VW-brand sales rise 16% in November

EV demand continues to soar

BYD plans EV assembly plant in Morocco

Mazda deliveries rise behind demand for fuel-efficient cars

REV Group to build vehicles with Chery in Wuhu

China sales slip in Nov. on weaker car, MPV demand

Ford deliveries fall despite strong Lincoln volume

BAIC to halt sales of gasoline-powered vehicles in 2025

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